# GalaxySpace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galaxyspace

- Industry: Aerospace
- Headquarters: Beijing, China
- Website: www.yinhehangtian.cn/
- Total disclosed funding: $14M
- Latest round: Series C (Feb 10, 2026)
- Investors on record: 20

## About

Based in Beijing, China and founded in 2018, Galaxy Space (Beijing) Technology Co., Ltd., trading under the name GalaxySpace, provides satellite manufacturing and internet solutions for the aerospace and telecommunications sectors. The company operates research and development centers in Xi’an, Chengdu, and Beijing, alongside an intelligent satellite manufacturing factory in Nantong. The Founder and CEO is Mr. Xu, who has experience as the co-founder and president of Cheetah Mobile. In February 2026, the company raised series C funding from Broad Vision Funds, E-Town International Industrial Investment, Shunxi Fund, and Beijing State-owned Capital Operation and Management. 

The company is committed to mass-producing small satellites and building the LEO broadband satellite constellation and global coverage with the 5G communication network. Its business includes Galaxy-?- Broadband Communication Satellite, Galaxy Space User Terminals, Galaxy Space 5G satellite communication convergence solutions, Galaxy Space AI series solutions, and Galaxy Space big data application series solutions.

The company generates revenue from B2B contracts for the custom development and mass production of communication and remote sensing satellites, as well as from providing satellite internet networking solutions and data application services.

## Funding rounds

- Series C, Feb 10, 2026 — Beijing State-owned Capital Operation and Management, E-Town International Industrial Investment, Shunxi Fund, Broad Vision Funds
- Series B, Sep 7, 2022 — Legend Capital, CCB International Asset Management, Anhui Venture Investment, Shanghai Chaos Investment Group, Hefei State-Owned Assets Holding, Zhenwei Capital
- Series B, Nov 17, 2020 — Legend Capital, 5Y Capital, China International Capital Corporation, Shunwei Capital, Source Code Capital, MPC, Shanghai Chaos Investment Group, Nantong Technology Venture Capital
- Series B, Sep 16, 2019 — Legend Capital, IDG Capital, 5Y Capital, Shunwei Capital, JIC Technology Investment
- Series A, Nov 22, 2018, $14M — IDG Capital, 5Y Capital, Shunwei Capital, Gaorong Ventures, Source Code Capital
- Series A, Jan 10, 2018 — IDG Capital, 5Y Capital, Shunwei Capital
- Angel, May 15, 2017 — Beijing Zhongjin Huicai Investment Management

## Investors

- Beijing Zhongjin Huicai Investment Management (https://capitalatlas.ai/funds/beijing-zhongjin-huicai-investment-management) — Angel
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series A, Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A, Series B
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series A
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A, Series B
- Legend Capital — Series B
- JIC Technology Investment — Series B
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- MPC — Series B
- Shanghai Chaos Investment Group — Series B
- Nantong Technology Venture Capital (https://capitalatlas.ai/funds/nantong-technology-venture-capital) — Series B
- CCB International Asset Management (https://capitalatlas.ai/funds/ccb-international-asset-management) — Series B
- Anhui Venture Investment — Series B
- Hefei State-Owned Assets Holding (https://capitalatlas.ai/funds/hefei-state-owned-assets-holding) — Series B
- Zhenwei Capital — Series B
- Beijing State-owned Capital Operation and Management (https://capitalatlas.ai/funds/beijing-state-owned-capital-operation-and-management) — Series C
- E-Town International Industrial Investment (https://capitalatlas.ai/funds/e-town-international-industrial-investment) — Series C
- Shunxi Fund (https://capitalatlas.ai/funds/shunxi-fund) — Series C
- Broad Vision Funds (https://capitalatlas.ai/funds/broad-vision-funds) — Series C